Resolution and recovery planning

Azerbaijani investors eye Vietnamese marketAzerbaijani investors with strong financial capacity and professional performance are keen on landing investments in Vietnam, has said Anar Imanov, Azerbaijani Ambassador to Vietnam.In his remarks at a recent workshop themed “Meet Azerbaijan” in Hanoi, the Azerbaijani Ambassador highlighted Azerbaijani enterprises' advantage of plentiful capital and practical experience in implementing projects in Europe, adding that many are seeking investment opportunities in Vietnam.As one of the world’s leading crucial oil and gas producers and suppliers, Azerbaijan also has great potential to boost its bilateral cooperation with Vietnam in three key fields, including tourism, logistics, and agriculture. The diplomat cited a FAM tour jointly held by the Azerbaijan Embassy in Vietnam and Qatar Airways last year as a big effort to bolster tourism cooperation between the two countries.The FAM tour provided many Vietnamese tourism … [Read more...] about BUSINESS NEWS IN BRIEF 15/1

Viet Nam News HCM CITY — The HCM City economy is projected to grow by 8.3 per cent this year to top VNĐ1,300 trillion (about US$57 billion), lawmakers heard at a People’s Council session on Tuesday According to chairwoman of the council, Nguyễn Thị Quyết Tâm, the city’s investment and business environment has improved and economic restructuring is proceeding well. The administration has made great efforts to resolve urgent issues affecting the public and complaints related to recovery of land and delay in implementation of development projects. This year the council has closely been monitoring a number of things, including the city’s revenues and expenditures and urban planning and renovation, she said. The public and the business community have expressed support for efforts to speed up the administrative reforms launched by the city authorities. But they have complained about the failure to make the reforms wide-ranging … [Read more...] about HCM City economy expected to grow by 8.3% this year: People’s Council

THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 90/NQ-CP Ha Noi, July 10, 2018 RESOLUTION THE GOVERNMENT’S REGULAR MEETING – MAY 2018 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 08/2012/ND-CP dated February 16, 2012 promulgating the working regulation of the Government; Based on the discussion of the Cabinet members and the conclusion of the Prime Minister at the Government’s meeting with provinces and the Government’s regular meeting in June 2018, held on July 02 and 03, 2018 DECIDES 1. Regarding the socio-economic situation in the first 6 months of 2018 and the implementation of Resolution No. 01/NQ-CP dated January 01, 2018 The Government unanimously agrees that the socio-economic situation in the first 6 months of 2018 continues positive progress. Macro-economy remains stable. Inflation has been kept under … [Read more...] about The Government’s regular meeting-June 2018

National Assembly Office Chairman Nguyen Hanh Phuc stated that during the 21-day session the National Assembly (NA) has scrutinised and adopted seven laws (see box) and six resolutions, and reviewed six bills. “The session was successful, with NA members having made positive and responsible contributions to the session’s debates,” Phuc said. During the session, the NA reviewed and debated a number of issues, including an additional report on the socioeconomic situation of 20l7 and a report on socioeconomic development and implementation of the national budget in the early months of 2018. Besides, the legislative bodies will also approve the settlement of the 2016 national budget. The National Assembly has approved many laws which act as a big impetus for Vietnam’s further socio-economic growth The legislature also passed a hallmark resolution on results about supervision of compliance with the law and policy on managing and using capital and assets of … [Read more...] about National Assembly rounded off with big laws passed to spur growth

VFFCC President Tran Thanh Man (Source: VNA) Hanoi (VNA) – Voters and people nationwide hope that the National Assembly (NA), the Government and all-level administrations will continue working to solve the problems they used to mentioned, said President of the Vietnam Fatherland Front Central Committee (VFFCC) Tran Thanh Man. He was reporting on voters and people’s opinions at the opening meeting of the fifth session of the 14th-tenure NA in Hanoi on May 21. He said since the NA’s fourth session in late 2017, the VFFCC Presidium and the NA Standing Committee have received more than 3,460 opinions that people nationwide wanted to send to the parliament. He noted the public expressed their trust in the Party’s leadership and the State’s steering and management role. They hope the NA, the Government and all-level administrations will continue paying attention to the problems they mentioned at previous sessions of the NA, including ensuring … [Read more...] about People hope for more efforts to address unsolved problems: VFF official

THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 23/NQ-CP Ha Noi, April 08, 2018 RESOLUTION THE GOVERNMENT’S REGULAR MEETING – MARCH 2018 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016 promulgating the working regulation of the Government; Based on the discussion of the Cabinet members and the conclusion of the Prime Minister at the Government’s regular meeting in March 2018, held on April 02, 2018 DECIDES 1. On the socio-economic situation in March and the first quarter of 2018, the implementation of Resolution No. 01/NQ-CP on major tasks and solutions to guiding the implementation of the socio-economic development plan and State budget plan in 2018. The Government unanimously agreed: The socio-economic situation in March and the first quarter of 2018 continued to maintain positive … [Read more...] about The Government’s regular meeting in March 2018

More than 10,000 rural workers receive agricultural training Nearly 10,500 rural residents in outlying districts of HCM City will be trained to meet the demand for agricultural workers in the city. — Photo: sggp.org.vn Workers from outlying rural areas of HCM City have been taking agricultural courses at vocational training centres in the city as part of a plan issued in March to meet demand for more skilled workers, according to the city’s Department of Agriculture and Rural Development. The city’s People’s Committee said the project is expected to train 10,500 rural workers, including 2,556 agricultural trainees and 7,944 non-agricultural trainees. The rate of employment after training is targeted to be 80 per cent or higher. The committee, which has given financial support to four public vocational education institutions in new rural districts, said the total cost of vocational training for rural workers would be around VNĐ38 billion (US$ 1.6 … [Read more...] about Social News 27/4

THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 138/NQ-CP Ha Noi, December 31, 2017 RESOLUTION adopted following MEETING BETWEEN THE GOVERNMENT AND PROVINCES AND THE GOVERNMENT’S REGULAR MEETING – DECEMBER 2017 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016 promulgating the working regulation of the Government; Based on the discussion of the delegates attending the meeting, the Cabinet members and the conclusion of the Prime Minister at the Government’s meeting with provinces and the Government’s regular meeting, held on December 28 and 29, 2017 RESOLVES 1. Regarding the socio-economic situation in 2017, the implementation of the Government’s Resolution No. 01/NQ-CP dated January 1, 2017 on major tasks and solutions guiding implementation of the socio-economic development and … [Read more...] about The Government’s regular meeting in December 2017

Prime Minister Nguyen Xuan Phuc last week issued the government’s Resolution No. 01/NQ-CP on socio-economic development plans for 2018, which states that the economy is targeted to expand 6.7 per cent this year, building on the momentum of 2017’s 6.81 per cent.Phuc said the driving forces of the growth will be a surge in local production, foreign direct investment (FDI), and exports.The Asian Development Bank predicted last fornight that Vietnam will grow 6.7 per cent this year, higher than the rates of most other countries in East and Southeast Asia. Around the same time, the World Bank also projected that Vietnam will grow 6.5 per cent this year.“Stronger domestic demand, robust export-oriented manufacturing, and a gradual recovery of the agriculture sector are driving Vietnam’s economy forward,” said the World Bank’s lead national economist Sebastian Eckardt. “Besides, Vietnam has made significant progress in improving its business … [Read more...] about Buoyed by 2017 returns, Vietnam targets 6.7 per cent

Vingroup, T&T to develop urban railway projects in HanoiThe government of Hanoi City has proposed the Prime Minister allow Vingroup and T&T Group to develop three urban railway projects which the city plans to complete by 2025, Tuoi Tre newspaper reports.The two domestic investors will use their capital to make pre-feasibility studies for these projects.When the projects were announced, many investors expressed interest in Hanoi. However, only Vingroup and T&T Group have registered to take part.Both of them proposed implementing the projects in the build-transfer (BT) format. Particularly, Vingroup registered to build the 38.4-kilometer metro line No. 5 which connects Van Cao and Hoa Lac and metro line No. 2 from Tran Hung Dao to Thuong Dinh with a length of 5.9 kilometers. Meanwhile, T&T Group is keen on metro line No. 4 connecting Me Linh, Sai Dong and Lien Ha, and measuring 54 kilometers in length.The two investors said they would use their own finances to study the … [Read more...] about BUSINESS IN BRIEF 9/1